# Financial Action Financial Action is a Bank / Wealth / Trust based in Monument, United States. ## Overview - **Organization type:** Bank / Wealth / Trust - **Headquarters:** Monument, United States - **Region:** North America - **Address:** Monument, CO, United States - **Founded:** 2004 - **Assets under management:** Undisclosed - **Website:** faiinv.com - **LinkedIn:** https://www.linkedin.com/company/financial-action-llc ## Regulatory record - **CRD number:** 140285 - **SEC file number:** 801-135990 - **Registration status:** Registered - **Reports private funds:** No - **IAPD record:** https://adviserinfo.sec.gov/firm/summary/140285 ## About Financial Action was founded in 2004 and is headquartered in Monument, Colorado — a small town north of Colorado Springs, far from the traditional wealth-management corridors of Denver or Boulder. The firm's longevity as an independent registered investment advisor is atypical for its size class. Independent RIAs founded in the early 2000s in secondary markets generally either sold to consolidators like Focus Financial or Mariner Wealth Advisors during the 2015–2022 deal wave, or wound down as principals retired. The firm's core offering bundles investment advisory services with tax planning and preparation — a service-model decision that carries structural tradeoffs. Most RIAs unbundled tax preparation in the 2010s, citing compliance overhead and the difficulty of scaling a seasonal, low-margin line of business alongside fee-based AUM revenue. The firm advises individuals and families, with no indication of institutional or retirement-plan mandates that would require ERISA-level fiduciary structuring beyond the standard RIA framework. The firm operates without public disclosure of assets under management. No adjacent philanthropic vehicle, real-asset arm, or operating business is publicly associated with the firm. No verifiable recent transaction, promotion, or structural change has been publicly reported in the last 24 months. What differentiates Financial Action structurally from thousands of similarly-sized RIAs is the deliberate retention of tax preparation inside the advisory practice. Tax-bundled RIAs are disproportionately concentrated among solo practitioners and partnerships started by CPAs who transitioned into wealth management — a model that produces idiosyncratic client rosters and makes succession planning thornier because buyer firms typically strip out tax-prep operations post-acquisition. If the founding principal is a CPA-credentialed advisor, the firm's independence is functionally locked to that individual's license and client relationships, making external succession harder but internal continuity more predictable. ## Questions ### Does Financial Action act as a fiduciary? Yes — as a registered investment advisor, Financial Action is legally bound by the fiduciary standard under the Investment Advisers Act of 1940, meaning it must place client interests ahead of its own. This contrasts with broker-dealer standards that permit a lower suitability obligation. The firm's RIA registration means it owes a duty of care and loyalty to every client relationship. ### Why does the firm offer tax preparation alongside investment management? The bundling creates client stickiness. When an advisor also prepares a client's tax return, they see realized capital gains, income sources, and deduction patterns that inform portfolio construction directly. Separating these functions — as most RIAs do — introduces information friction between the CPA and the wealth manager. The tradeoff is that tax preparation is seasonal, labor-intensive, and difficult to scale, which is precisely why consolidators avoid acquiring tax-bundled RIAs. ### Is Financial Action part of a larger wealth management platform? No. Financial Action is an independently owned registered investment advisor headquartered in Monument, Colorado. It has not been acquired by a roll-up aggregator, private equity-backed consolidator, or bank holding company — a status that is increasingly rare among RIAs of any size as acquisition activity has accelerated. Its continued independence as of 2025 is a defining structural feature rather than a temporary state. ## Related profiles - [FinanceCom](https://altss.com/profile/financecom) - [Financial Advisor Network](https://altss.com/profile/financial-advisor-network) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/financial-action Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology